82

Dr.

TABLE XXXV

COMPANIES LIQUIDATION ACCOUNT

STATEMENT Of Receipts AND PAYMENTS FOR THE YEAR ENDED 31st March 1962

Cr.

To Balances as at 1st April 1961:

Cash at Bank

71

>>

+

Cash in Hand

Unclaimed dividends or returns of capital of Com-

panies in Voluntary Liquidation Realizations of assets of Companies in Compulsory

Liquidation

--

Overpayments recovered from Hong Kong Government Received from Special Manager of Tak Ming Co., Ltd. Received from fiat purchasers of Peony House West

Block Ltd.

RECEIPTS

$236,126.48 5,233.66

PAYMENTS

$241,360.14

10

...

176,061.46

24,794.47 3,532.96 7,000.00

By Sundry Liquidation expenses of Companies in

Voluntary Liquidation...

Dividends or returns of capital to creditors and shareholders of Companies in Voluntary Liquidation Interest on investment for North China Daily News & Herald, Ltd. (in Voluntary Liquidation) paid to Liquidators

Sundry Liquidation expenses of Companies in Com-

pulsory Liquidation

45.13

71,234.57

214.46

8,689.28

P

Payments to creditors of Companies in Compulsory

Liquidation:

...

397,787.93

Preferential creditors

$ 8.408.96

го

Received on account of Premiun and Crown Rent re

Peony House West Block Ltd.

Dividends to creditors

55,102.16

63,511.12

22.437.00

+7

Payments re Peony House West Block Ltd.:

77

Deposit for legal expenses...

1,000.00

Transferred to Special Manager ...8 395,000.00

M

11

Interest on investments and bank account (general) Interest on investment and fixed deposit (special

40,086.67

Premium and Crown Rent

Advanced for legal costs

accounts)

---

1,233,16

Refunds to flat purchasers

12

Fixed deposits cashed

20,000.00

>>

Sundry administration expenses..

Official Receiver's Fees and Commission

Placed on deposit with Joint Miscellaneous Fund Unclaimed balances transferred to general revenue

25,678.50

10,000.00

480.00

7,164.84

438,323.34

16,615.05

100,000.00

$935,293.79

N

J

Refund to Court of proceeds of sales Interest Tax

-

96,267,52

2,648.70 57.81

!

Balances as at 31st March 1962:

Cash at Bank

Cash in Hand

$ 136,356.12 1,330.69

137,686,81

$935,293.79

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